BusinessLive reports that plastics and packaging company Transpaco said on Tuesday that a three-month industry strike in late 2018 was partially responsible for the decline in the company’s full-year performance.  

“An unprecedented, prolonged, three-month plastic industry strike, which impacted Transpaco during the company’s busiest period — October, November and December — coupled with a depressed consumer environment and a stagnant economy, resulted in Transpaco’s decline in performance,” the company advised.  The plastic industry strike, which started last October, hurt several Transpaco operations during the group’s busiest period in 2018.  Transpaco Recycling was closed for the entire three-month period.  It negotiated for employees to return to work by 7 January.  The National Union of Metalworkers of SA (Numsa) and the Metal and Electrical Workers Union in 2018 embarked on a strike at manufacturing, moulding and packaging companies across the country when national wage talks deadlocked.  The strike was marred by intimidation, destruction of property and violence.

• Read the full original of the above report by Siseko Njobeni and Karl Genertzky at BusinessLive

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